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20121202
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FOX News
Dec 2, 2012 7:00am PST
a month before the so-called fiscal cliff and house speaker boehner said congressional republicans are "nowhere in talks with the white house." they are trying. good morning. i'm jamie colby. great to have you here. welcome to america's news headquarters. >> eric: i'm eric shawn. good morning. in an exclusive interview with "fox news sunday," speaker boehner says negotiations are at a standstill. this is as treasury secretary tim geithner says the president is ready for what he calls difficult concessions. mr. boehner says he was flabbergasted at the white house stance on what they say needs to be done. peter doocy has details this morning on the latest developments from washington. good morning, peter. >> good morning, eric. spieger boehner said negotiations are nowhere, period and he called treasury secretary tim geithner's presentation of the white house proposal to avoid the fiscal cliff earlier in week "nonserious." >> i was flabbergasted. i lookedded a him like you can't be serious. i've just never seen anything like it. you know we have seven weeks between election day and t
FOX
Dec 2, 2012 4:00pm PST
boehner. geithner and boehner, only, on fox news sunday. >>> plus we have seen this movie before. the two parties edging closer and closer to the brink. we'll ask our sunday panel whether we'll get a happy ending for an economic disaster. >>> and our power player of the week, a young beauty queen has to make a tough choice, all, right now on fox news sunday. ♪ >> chris: and, hello again from fox news in washington. well, we had quite a day around here, friday. with talks to avoid the fiscal cliff deadlock and everyone saying, the other side is to blame, treasury secretary geithner scheduled a round of interviews, then, friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday, to tell his side of the story. you'll hear from boehner in a few minutes, but first here's my conversation with tim geithner about the lack of progress in steering away from that cliff. >> chris: secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> chris: i spoke with house speaker boehner just before i came over here and he says when you present yo
MSNBC
Dec 3, 2012 9:00am PST
president obama has a clear message for speaker of the house john boehner. >> terrified of what you might say. your move, chief. >> the a.p. headline reads white house to gop, it's your move. it is a point treasure secretary timothy geithner made clear over and over and over again. >> we've laid out a very detailed plan of spending cuts, $600 billion in spending in mandatory programs over ten years. if they would like to go beyond that or do it differently they need to tell us what they propose and then tell us what makes sense to them. but what we can't do is try to figure out what makes sense for them. tell us what they like as a complement to that. we can't react to anything until we see doots he tails of a proposal. we can't figure out what they need. they have to tell us. >> house speaker john boehner isn't playing ball claiming the white house proposal is a joke. >> it's flabbergasted. you can't be serious. i've never seen anything like it. >> boehner insists that talks have broken down. >> right now i would say we're nowhere. period. we're nowhere. we've put a serious offer o
FOX News
Dec 2, 2012 8:00am PST
of the miscall cliff is coming. house speaker john boehner in an exclusive interview with "fox news sunday" saying, "we're nowhere" in fiscal cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what the president wants. and this is why. >> the president is asking for $1.6 trillion worth of new revenue in ten years. twice as much as he has been asking for in public. he had stimulus spending in here that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: secretary geithner says the white house $4 trillion plan has 2 to 1 ratio of cuts to spending increases. but everything we heard from speaker boehner suggests the $1.6 tri
MSNBC
Dec 3, 2012 11:00am PST
the weekend house speaker john boehner said these negotiations are nowhere. jay carney disagrees with that assessment. now phone calls at this point between president obama and congressional leaders, but the white house says the talks will be ongoing over the next several days, tamron. >> thank you. the president's q and a on twitter comes days after republicans flat-out rejected his opening bid in negotiations. house speaker john boehner appeared on one sunday morning talk show to see the president's proposal was not in his opinion a proposal at all. >> i was flabbergasted and said, you can't be serious. i just have never seen anything like it. we have seven weeks between election day and the end of the year, and three of those weeks have been wasted with this nonsense. >> okay. >> treasury secretary tim geithner appeared on five separate sunday morning talk shows. he says it's the gop who have been short on specifics. >> we said how and how much and who should pay. they haven't proposed what they think. >> joining me now is california congressman karen bass. thank you for your
MSNBC
Dec 2, 2012 11:00am PST
speaker boehner saying this morning to fox, we are nowhere. this was an unserious proposal. is it just political theater like the treasury secretary said? >> well, what's happened now is that the president has put forward a plan. it's transparent. it's on the internet. speaker boehner needs to come forward and put his counterplan on the table right now. that's what has to happen. so when speaker boehner says we're at a stalemate, it's because he refuses to put forward other options. let's be really clear on what the president has said. he wants to extend tax relief for 100% of american families and small businesses on their first $250,000 of income. and what republicans are saying it is, nobody gets that tax relief unless folks over $250,000 get the extra four cents on the dollar that they were getting compared to the clinton tax rates. and i just don't believe that the american people are going to accept the republican position when we need to extend middle class tax cuts and get serious about our long-term deficit reduction. >> gamesmanship. that's the big piece of this. what's the b
FOX News
Dec 2, 2012 1:00pm PST
boehner blasted the white house plan which was put forward last week. boehner says the president essentially wasted the last three weeks since the election with nonsense. >> the president is asking for $1.6 trillion worth of new revenue over ten years, twice as much as he been asking for in public. stimulus spending that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: and boehner says he was flabbergasted when he was given the proposal. >> heather: and democrats are defending themselves? >> treasury-secretary tim geithner on fox news defending the president's plan for raising revenues, cutting spending and reduce the deficit by $4 trillion over the next ten years. he said the ball is in the g.o.p.'s court. >> you have heard them for the first time i think in two decades they are willing to have revenues go up to make a balanced plan but they have to tell you what they want do on rates and revenues. >> he says there is no plan to an agreement unless they acknowledge tax rates have to go up for the wealthiest americans. >> heathe
MSNBC
Dec 6, 2012 11:00am PST
republicans are also ready, at least some of them, to give he house speaker boehner more flexibility. "the washington post" reports, quote, many gop centrists and some conservatives call on the house speaker to concede on rates now while he still has some leverage to demand something in return. but not all house republicans, of course, are on board. >> the president is not interested in real policy solutions by what he's proposed. he's interested in politics, and that's the challenge we have, getting through that. >> and let me bring in our "news nation" political panel for this thursday, michael skirmonish and chris kofinis. eugene, we have the president in northern virginia meeting with the santana family. in her tweet or e-mail to the white house under the encouragement of the white house to tell how they would be impacted by a tax increase, she says in part, we truly are a picture of the 21st century middle class family, so $4,000 means we would lose much of our hope of growing our new business. you hear the republicans talk about small business owners and entrepreneu
CNN
Dec 5, 2012 1:00pm PST
with ourselves. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >> what's mood inside the conference. >> very united, very supportive with the speaker. >> multiple sources tell cnn in a private meeting with house republicans, boehner got no flow back for producing $800 billion in tax revenue, despite backlash from conservative groups outside congress. >> any complaints about this new revenue? >> i didn't hear anything. >> the speaker has full support of the conference to move forward and get something done for the american people. >> so far, rank and time republicans are allowing boehner to play out this showdown, trying to look reasonable while the president is intransigent. especiall
MSNBC
Dec 6, 2012 2:00pm EST
place two summers, i guess, ago between speaker boehner and the president when frankly i thought the white house did a poor job of its advocacy for its own position. this is different. it's as if they learned i lesson. they're digging in deeply this time around. they have the wind at their back because of an election result. it's a strategy. as you mentioned he's campai campaigning today. it's like the campaign didn't end. >> chris, let me bring you in. a lot of people talk about this latest interview with secretary geithner. let me play a little bit of what he had to say regarding the fiscal cliff and the threat that looms. let me play it. >> when it comes to raising taxes on the wealthy, those making more than $250,000, if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. >> so is it a bluff when the obama administration says they're willing to go off the cliff if a deal is not reached on rates? >> i don't thin
ABC
Dec 2, 2012 8:00am PST
speaker of the house john boehner said, let's not kid ourselves there's a stalemate. >> i think we're going to get there. i mean, just inevitably a little bit of political theater. sometimes that's a sign of progress. i think we're making some progress, but we're still some distance apart. what's at stake here is very important. we're trying not just to prevent a tax increase on 98% of americans, we're trying to go beyond that's going to be good for the long term american economy. >> but you said you're getting closer, they're saying you're getting much farther apart. they say that this is not a serious proposal. >> we have a very good plan. we have a very good mix of tax reforms that raise a modest amount of revenues on the wealthy 2% of americans. combined with very comprehensive, very detailed savings that get us back to the point where the debt is stable and favorable. if we can do that carefully, we can invest in things to make america stronger. we can rebuild infrastructure. we think those are good investments in america and we think we can afford them. >> let's look at an ou
FOX News
Dec 2, 2012 9:00am PST
cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the year. he thinks the white house has already wasted weeks because he does not think the proposal to avoid a fiscal cliff is serious one. negotiations here are nowhere. another republican, senator lindsey graham thinks he thinks things are heading down hill. >> i think we are going over the cliff. it's clear to me they made a political calculation. the offer doesn't deal with the entitlement reform to save the medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators to destroy the economy. no spending controls. >> reporter: treasuresy secretary tim geithner advocated for
CSPAN
Dec 5, 2012 9:00am EST
. so i say to my friend, john boehner, the speaker of the house of representatives, you control matters on the floor. no one else does. you have the ability and you're the only one that has the ability to put this on the floor for a vote. he should do that. that would be the american way. would the chair announce the business of the day. the presiding officer: under the previous order, the leadership time is reserved. under the previous order, the senate will be in a period of morning business for up to four hours with the senate permitted therein for up to ten minutes each with the majority controlling the 230eurs minutes. -- controlling the first 30 minutes. mr. reid: i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: ms. stabenow: madam president? the presiding officer: the senator from michigan. ms. stabenow: thank you, madam president. the presiding officer: we are in a quorum call. ms. stabenow: i would ask suspension of the quorum call. the presiding officer: without objection. ms. stabenow: thank you. madam president, i rise toda
FOX News
Dec 3, 2012 6:00am PST
over. bill: reports that talks are stalled, dead in the water. house speaker john boehner says he's flabbergasted by the white house offer. >> this isn't about democrats and republicans. this business our country. we need to get serious about our deficit and debt that are burying our children's future. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. martha: we have brand-new details on the deadly bus crash that happened in florida. police say the bus driver was confused and lost when he chose the wrong route coming out of miami airport. the top of the bus crumpled after the crash and killed two passengers. it had 32 jehovah's church members on board, they were heading to a conference. bill: if you wash watching "fox news sunday" john boehner described his reaction when the president presented
CBS
Dec 2, 2012 8:30am PST
designed-- >> schieffer: what gives you reason for optimism. speaker boehner says this is basically a stalemate. >> it's true that we're still a bit apart. and they're going to have to move further, and they're trying to figure out, again, what they do next in this context. again, we've given them a very detailed set of proposals. we're open to suggestions on how to do it differently. if they want to come back and say we'd like you to do this differently, do more of this, they should lay this out for us. >> schieffer: what is it what cannot change in your plan. >> our plan? >> schieffer: yeah. you said you're ready to talk. >> of course we are. president has said over and over from the beginning, again, we've laid out in detail what we think makes the most sense for the american economy today, again, glowft extend the middle class tax cuts but put in place some carefully designed savings to bring downtown long-term deficits and we should do ethics help growth in the short term like rebuilding american infrastructure, helping americans with their mortgages, extend unemployment benefi
CNN
Dec 2, 2012 9:00am PST
this country stronger. >> right. again, you know where this is going. john boehner, again, speaker, said we're at a stalemate. is that how you would describe where things are? >> i think we're far apart still, but i think we're moving closer together. again, remember -- >> where are you closer? >> the republicans have said for the first time in decades, if i'm not mistaken, the leaders of the republican party, that they are prepared to raise taxes as part of a deal that helps reduce our long term deficit. what they haven't said is how far they're willing to go on rates and revenues, and that's what we need to see from them. >> they said no increased rates. >> but that's -- but they know this. there's not going to be an agreement without rates going up. there's not -- >> you'll go off the fiscal cliff if the republicans say, sorry, no way are we going to raise rates for the -- on the wealthy. you guys are willing to go off -- >> if republicans are not willing to let rates go back up and we think they should go back to the clinton levels, the time when the american economy was doing exception
CNBC
Dec 5, 2012 1:00pm EST
john boehner came out earlier today to say he's waiting, too, on a response from the white house to his proposal. take a listen. >> we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are things that we can all agree on and it's exactly how we approached our discussions in the biden group, my discussions at the white house a year-and-a-half ago, and, for that matter, in the joint select committee. >> one interesting note here is how much businesses and ceos have become the political football here. i'm told that yesterday congressman kevin mccarthy, the republican majority whip, was on a conference call with ceos and he urged them to get involved and tell the white house in all their frequent communications with the white house that they need to tell the white house to start talking to house republicans. so ceos in the business community right in the middle of this negotiation. >> eamon javers, thank you. >>> john harwood has the latest on mr. obama's big meeting with some of those ceos. john? >> the other way the ceos are in
CNBC
Dec 6, 2012 6:00am EST
. >> ended up 85 for the day. >> i guess the demise of john boehner as speaker was greatly exaggerated. did you see this "new york times" piece? more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea that somehow they will get a freebie is just crazy. >> california at 52%, new york and other places -- >> when you add up all the state and local taxes. hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, ci
FOX Business
Dec 3, 2012 1:00pm EST
. on fox news sunday, boehner called that deal a joke. >> just flabbergasted. i looked, and said, you can't be serious? i just never seen anything like it. we got seven weeks between election day and the end of the year. three of those weeks have been wasted with the nonsense. >> okay. you heard them, the first time in two decades now, acknowledge they want revenues up as the balanced plan, a good first steppedded, but they have to say what they do operates and revenues. that's hard for republicans. >> runs of billions of spending cuts, tax increases begin in less than a month, and with the negotiations, two sides are about where they started. still, aids say it's early to be moving to an agreement with plenty of time for each side to extract the best deal possible before selling it to the parties and selling position to voters. with that, president obama is hosting a twitter question-and-answer next hour. back to you. >> signs on for that. rich, thank you. >> time is returning out on the fiscal cliff, and the next guest thinks there's a deal brewing, optimistic. that's david, adviser's c
FOX News
Dec 3, 2012 1:00pm PST
as we speak with house speaker boehner pushing for $42 billion in federal aid after super storm sandy but will the residents see it in the "wall street journal" reporter says if katrina is an example, don't count on it. of $142 billion in federal aid headed for that, only $40 billion made it directly to victims from fema. that is incredible. not right. >>guest: it is not right. when i saw that, cuomo is coming to washington, and you showed the capitol you should have dollar bills coming out of the window because when the governors come to washington they want money with their palms up. that is what governor cuomo wants. he wants the federal government to write a big check to the state. we found with katrina, of the $140 billion, according to independent government auditors, there was rampant corruption and fraud and no bid contracts that went to cronies and we estimate that somewhere between 20 percent to 25 percent to 30 percent of the money was wasted on fraudulent contracts. it didn't helps victims. a lot of people got rich but it wasn't the people who lost their homes. >>neil: you
CNN
Dec 3, 2012 4:00am PST
not really good language you're hearing soledad. house speaker john boehner said he found the proposal flabbergasting. he said it's not serious. but you definitely have the white house here and democrats feeling that they have some leverage. they look at polls that show americans are more prepared to blame republicans because of the impasse and also the fact that the consequences of the fiscal cliff, these spending cuts and these tax -- pardon me the spending cuts and the tax increases that kick in here at the end of the year, the consequences are very dire and following the election the white house and democrats think that they can really push republicans into a corner here. >> brianna keilar for us. thank you. just ahead we're going to be talking with connecticut senator richard blumenthal will join us to talk a little bit about the democrats' responsibility about this impending fiscal cliff. another story we're following, friends and family of kansas city chiefs jovan belcher looking for answers this morning after he killed his girlfriend and then took his own life. his team took to
CBS
Dec 5, 2012 5:30pm PST
of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me-- or do not used words like "curt," "frank" and "direct" meaning it was probably more gentle. also i'm told scott this is no longer a time for check-in phone calls between these two leaders. everything now is substantive about the underlying merit of what treasury secretary geithner. republicans believe this can be done through tax loopholes not raising rates on the wealthiest americans. >> pelley: we asked chip reid to visit with a family staring over the fiscal cliff. >> reporter: sean and jody watson have four daughters ages five to 14 and know all too well the sacrifices and sleep
CNBC
Dec 5, 2012 6:00am EST
another 50 billion in stimulus. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the spending right now is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, what it added the our entitlement is 12 trillion. just that we did in the last two years. or whenever it was. >> but in terms of where we are now in this negotiation, i believe that both sides in the final an
CNBC
Dec 7, 2012 9:00am EST
. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for th
CSPAN
Dec 3, 2012 8:00pm EST
boehner opened the door for that. president obama has indicated no intention of looking at that. host: what deductions would you put on the table? guest: tax reform is not to raise revenue. is to make the tax code less of a drag on the economy. we do that by lowering tax rates and getting rid of some deductions, exemptions, credits. but we do not do it to raise revenue. host: chuck marra, how important our deductions? guest: they are very important. if you get into this notion that they are loopholes, then you look at the very popular deductions the people rely on. they're trying to balance the economic weakness with the long-term needs of the economy, which is that we do face a future of deficits that are unsustainable. we are trying to stabilize the debt has a share of our economy over time. that means about $4 trillion in savings. the good news is, last year, the congress and the president got together and locked in about $4 trillion of spending cuts. it has to be enacted. we're talking about 40% of the spending budget. that includes the defense budget, and other non-defense spendi
CNN
Dec 5, 2012 7:00pm PST
: they are a long way from a deal, but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter and the two men have not moved from that basic position. now, all of this quomz comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. all americans get a tax cut on the first $250,000 o
CSPAN
Dec 7, 2012 8:00pm EST
john boehner and nancy pell low si on the so called fiscal clive. >> writers institute, i think the writers institute is something that is very important in the culture. we are a culture of words, of voices. words are key to our imagination and capacity to envision things. we ourselves are not completely tied to print on the page but i think that there is no other art form so ready accessible, other than film which we work with too. it cap chures the human spirit. >> this weekend join book tv as we look tpwhrind scenes at the history of new york capital city, albany saturday at noon eastern on book tv and on c-span2 >> house r house speaker told reporters the white house has wasted another week on negotiations over the fiscal cliff. >> this isn't a progress report because there is no progress to report. when it comes to the fiscal cliff that is threatening our economy and jobs the white house has wasted another week. secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on and had more stimulus spending than in cuts. and an indef
CSPAN
Dec 5, 2012 12:00pm EST
for it, either. just listen to the voices within speaker boehner's own party. there we go. a kent conrad i am not in terms of my facility with charts. it's clear that speaker boehner has needed cover from his right flank before he could agree to any deal on taxes with the president. the speaker didn't have it before, but he sure has it now. when "the wall street journal" editorial page says that decoupling would not go against conservatives' antitax principles, that gives a whole lot of cover to the speaker. when grover norquist refuses to declare whether decoupling would violate his group's pledge, that, too, gives a whole lot of cover to the speaker. and when more and more rank-and-file republicans come out publicly every day in favor of passing the senate bill, that, too, gives cover to the speaker. you really have to absolute cram tom cole. he was the first one on the other side to dare speak the truth about what should be done on taxes and he's been on tv almost every day making the case to his party in public. the day after congressman cole went public he was dismissed as having a
ABC
Dec 2, 2012 4:00am PST
the offer from geithner. house speaker boehner said that the talks are at a stalemate. democrats said they're not going to make another move until republicans say they're going to go for an increase in tax rates. so, this is stalemate right now. now, these things always look horrible when they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> if we go over the fiscal cliff, voters will likely blame the republicans for that. is is that true sf. >> all of the polls show that right now. we know that the tax hikes go up. ben bernanke, the fed chairman, fears that it will throw the country into a recession. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a deal. >> we'll all be watching the stock market as well. >>> the president also concentrating on recasting his new cabinet and one name that came up yesterday is a replacement for leon panetta at the defense departmen
ABC
Dec 2, 2012 7:00am PST
boehner said that the talks are at a stalemate. there seems to be a huge divide. democrats said they're not going to make another move until republicans clearly say they're going to go for an increase in tax rates. republicans aren't prepared to make a move. unless the democrats are able to give up greater savings in medicare. so, this is stalemate right now. now, these things always look horrible before they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> and democrats seem to be thinking that, if we go over the fiscal cliff, voters will likely blame the republicans for that. do you think that's true? or are democrats overplaying their hands? >> all of the polls show that right now. no one know was the consequences will really be if we go over that fiscal cliff. we know that the tax hikes go up. some estimates -- ben bernanke, the fed chairman, fears that it will throw the country into a recession. that would hurt the whole country, of course president obama as well. they have to be careful here as well. but d
CNN
Dec 3, 2012 2:00am PST
's unfortunate that the white house has spent three weeks doing basically nothing. >> speaker boehner added he is flabbergasted by the administration's proposals while secretary geithner said he believes a deal can be reached by the end of the year. >>> we could find out this morning if the supreme court will take up the issue of same-sex marriage. at 9:30 eastern, the court releases its orders list. there's a possibility justices will hear cases that challenge the federal defense of marriage act or california's proposition 8, which defines marriage as strictly between a man and a woman. >>> an evacuation order remains in effect this morning in louisiana as authorities rush to secure more than 6 million pounds of improperly stored gunpowder. the m6 powder was found on property leased by explo systems. an operation is underway to move that powder to underground storage facilities on the site. so far 1 million pounds has been safely stored, enough to fill 27 18-wheelers. >> a member of the coast guard is dead. he was one of two coast guard members thrown off a boat on impact, and suffered a head
CNBC
Dec 5, 2012 5:00pm EST
from speaker boehner did represent some progress. >> i think we're making a little bit of progress. i mean, we're still some distance apart. they're clearly moving. they're trying to figure out how to move further. you've seen them acknowledge they're prepared to do $800 billion in higher taxes on part of the american economy. that's part of a balanced framework. that's definitely some progress. what we need to have them acknowledge is that the rates go up and if they're willing to accept that and commit to that as an agreement, then we think we can do something really good for the economy. >> what you have here is really the administration laying out the parameters of getting a deal done. it's going to be tax hikes on the wealthiest 2% going back to the bush tax cuts, although there was a little play in the idea. it didn't have to be 39.6%. he didn't say that had to happen, but he says he thinks that's the best way for a deal to get done to raise the money they need. and a deal on the debt ceiling. so, guys, i'm not sure where we are on this deal. i know the market looks a little bit
CSPAN
Dec 3, 2012 5:00pm EST
. >> how speaker john boehner said right now, we are nowhere in terms of the fiscal cliff negotiation. as the president agree with that assessment? >> no, he doesn't. i think aesop secretary geithner over the weekend. another sunday shows. fairly clearly expressing the president's position to talk about the proposal that the president has pafford and express our belief that there has been progress in that we can achieve a bipartisan agreement. the obstacle remains, at this point, the refusal to acknowledge by republican leaders that there is no deal that achieve the kind of balance necessary without raising on the top 2% of americans, and we look forward to the presentation by republican leaders and their id ideas for spending cuts come as you know. as you know, secretary geithner has pafford a proposal that includes $600 billion in detailed spending cuts in health care and other entitlement programs, and that comes on top of over a trillion dollars in spending cuts as part of the budget control act. and it is contending with our proposals for how to achieve the kinds of revenue from
CSPAN
Dec 6, 2012 12:00pm EST
this is not good leadership, and i hope and i know senator mcconnell and speaker boehner have pleaded with the president to talk about these long-term systemic problems. social security, medicare, medicaid and interest on the debt is almost 60% of what we spend in this country, and they are growing at three times inflation rate. this is unsustainable. this is what erskine bowles, the man the president chose to head his debt commission, has warned us about. in fact, the house proposal that indicated they would accept an $800 billion tax increase was a good-faith attempt to reach out to the president based on what mr. bowles has said. they basically call it the erskine bowles plan. that's what he suggested. how the tax rates wouldn't go up, but the deductions would be eliminated. he would have a simpler, more flat tax system. you would bring in $800 billion more in revenue. they would use this revenue to help reduce our deficit. that's the kind of plan that's serious. but the president has hammered the house plan. secretary geithner says it is unacceptable. but it's erskine bowles' plan
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